Carbon Pulse

An Australian senate committee looking into a carbon capture and storage (CCS) project has recommended state and territory governments ban similar developments in order to protect the Great Artesian Basin (GAB).  

Lifecycle greenhouse gas emissions from plastics will more than double by 2060 under a business-as-usual (BAU) scenario, with fossil fuel-based production continuing to dominate, according to a statement by 70 financial institutions calling on petrochemical companies to transition to more sustainable alternatives.

Carbon standard Verra has put the call out for verifiers to review its draft methodology for accrediting early coal-fired power station closures, it announced Thursday.

Stakeholders questioned the possibility of earlier cuts to cap-and-trade allowance budgets prior to finalising rules, as ARB staff discussed the “complicated” status of 2025 allocations with implementation of ETS changes delayed to 2026, during the agency’s pre-rulemaking workshop on Wednesday.

An oil and gas producer has entered into a strategic partnership valued at up to C$2 billion ($1.47 bln) with the Canada Growth Fund (CGF) to develop carbon capture and sequestration (CCS) infrastructure across its steam-assisted gravity drainage (SAGD) oil sands facilities in Saskatchewan and Alberta.

China's steel industry has the potential to lower its CO2 emissions by as much as the entire annual EU steel sector emissions from the 2020 peak by reducing steel output and raising the share of low-carbon production in the next two years, a report has found.

California regulator the ARB sped up its issuance of compliance-eligible offsets, narrowing the year-on-year gap of issuance thus far in 2024, agency data released Wednesday showed.

Coffee farmers in Puerto Rico have received inaugural incentive payments from a mitigation programme funded by the US Department of Agriculture (USDA), with the eventual aim of producing certified carbon credits for the voluntary carbon market (VCM).

A Dutch research centre has partnered with a UK-based carbon removal company and a rewilding project developer to offset employees' travel emissions, in what companies define as a 'first-of-a-kind' purchase of carbon credits from a biodiversity-focused project.

Startups tackling energy transition and climate themes attracted almost 20% of the $29.3 billion in venture capital investment raised so far this year in Europe, up 12% year-on-year.

California’s Low Carbon Fuel Standard (LCFS) falls short in accounting for secondary effects, economists at the University of California said in a report Tuesday, as the recent boom in renewable diesel (RD) production has led to global agricultural land-use change not fully accounted for in the programme.

Carbon registry ACR said Monday that it has resumed project activities related to its Canadian ozone-depleting substances (ODS) methodology after its investigation found the framework remains additional in light of a recent federal offset protocol and other regulations.

The North Dakota Industrial Commission (NDIC) is pressing for the inclusion of carbon capture, utilisation, and storage (CCUS) under Minnesota’s carbon-free electricity requirements, which passed in spite of neighbour North Dakota's reservations last year.

Egypt’s voluntary carbon market (VCM), two years in the making, is poised to open once the country's Financial Regulatory Authority (FRA) approves trading rules by the Egyptian Stock Exchange (EGX) and settlement rules by clearing house Taswyaat, both put out this week.

US-based researchers have unveiled a groundbreaking method for the ultrafast and chemical-free conversion of atmospheric CO2 into stable, ice-like hydrates – a breakthrough they say could revolutionise the carbon sequestration industry.

Amazon has become the latest big tech firm to underline a focus on carbon removals to meet future net zero targets, in an annual sustainability report published Wednesday.

The miombo woodlands in Mozambique store around twice as much carbon as predicted with conventional methods, researchers led by carbon data provider Sylvera have found using laser-based remote sensing.

The EU Commission has ringfenced €4.7 million to fund a project aimed at mobilising private investment in biodiversity conservation and restoration measures.

Vietnam has successfully submitted complete and programme-eligible REDD+ documentation to ART TREES, the standard’s secretariat announced Wednesday, paving the way for validation, verification, and eventual issuance of serialised jurisdictional carbon credits from the Southeast Asian country.

A voluntary carbon standard has announced a new subsurface biomass protocol for durable removals, which will now face a public consultation before credits are issued.